Like if I have all my stuff set up can i save that template so when i go to make a new beat I dont have to open everything and set all my effects and stuff over and over?
Save the file and then go into Preferences and choose that file instead of the default options. Any new track will use your template. You can also save Templates in the Template folder. Give the well-written and huge manual a read. They've got so much of that kind of information there that you'll learn things you hadn't thought of.